Economy
Armenia to boost tourism and regional infrastructure: €120.5 million loan agreement with IBRD approved
At a meeting on Thursday, the Armenian government approved a proposal to sign a loan agreement with the International Bank for Reconstruction and Development (IBRD, a WB structure) under the “Tourism and Regional Infrastructure of Armenia” program for €120.5 million.Cargo transportation in Armenia increased by 1.6% in 5 months, while passenger transportation dropped by 27.7%
According to the National Statistical Committee, the total cargo transportation in Armenia from January to May 2025 amounted to 6,110.9 thousand tons, which is a 1.6% increase compared to the same period in 2024.Electricity generation in Armenia increased by 3.6% to almost 4 billion kWh in January-May
In January-May 2025, Armenia generated 3,992.9 million kWh of electricity, which is 3.6% more than in January-May 2024. This is evidenced by data published by the National Statistical Committee of Armenia.Risks of investor outflow and damage to economy – experts on nationalization of Electric Networks of Armenia
On July 3, the Armenian National Assembly passed in the second and final reading legislative amendments to the laws On the Public Services Regulatory Authority and On Energy, allowing the nationalization of Electric Networks of Armenia (ENA).Food products in Armenia in June increased in price by 6.2% over a year, and decreased by 3.5% over a month
Prices for food products and non-alcoholic beverages in June 2025 compared to June 2024 increased by 6.2%, and decreased by 3.5% over a month. This is evidenced by the data of the report of the National Statistical Committee of Armenia.Armenian parliament adopts legislative amendments allowing nationalization of Electric Networks CJSC
The National Assembly of the Republic of Armenia adopted in the second and final reading legislative amendments to the ArmenianLaws "On the Public Services Regulatory Authority" and "On Energy", allowing nationalization of Electric Networks of Armenia CJSCIn June, 12-month inflation in Armenia amounted to 3.9%, while prices fell by 1.3% over the month
In June 2025, compared to June 2024, inflation of 3.9% was registered in Armenia, while deflation was 1.3% over the month. This is evidenced by the data of the report of the National Statistical Committee (NSC) of Armenia.Armenian Parliament Approves Law on Fines for Traveling on Yerevan Public Transport Without Paying or with Someone Else's Ticket
The National Assembly of Armenia adopted in the second and final reading at an extraordinary session on Thursday a bill on imposing fines for traveling on Yerevan public transport without paying or with someone else's discounted ticket.Armenia expands list of settlements for housing purchase by forcibly displaced people from Artsakh, financial assistance limit - 4 million drams
. At a meeting on July 3, the Armenian government expanded the list of settlements in which refugees from Nagorno-Karabakh can build or buy housing to 611.News 1 - 20 of 15547
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